Global Ticketing Software Market Global Potential Growth, Share, Demand and Analysis Of Key Players Forecast 2020-2027

Sep 24, 2020 9:00 AM ET
iCrowd Newswire – Sep 24, 2020

Global Ticketing Software market was valued at USD 11.2 billion in 2018 which is expected to reach USD 21.5 billion by 2027 at a CAGR 14.88%.

The report issued on Qualiket Research Reports, concerning the Ticketing Software market states every actionable force disrupting the Ticketing Software market growth.

The Ticketing Software market has been analyzed from the year 2018 as the base year to 2027 as the end year. The entire report has been sectioned into an overview of the Ticketing Software market, segmental outline, regional outlook, competitive dashboard, and the market updates. The Ticketing Software market overview has been segmented into market statistics and the market highlights. Proficient analysts applied modern research methodologies for extensive primary and secondary research on the Ticketing Software market.

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Ticketing software aids enterprises in resolving any internal support queries. Ticketing software is also referred as smart ticketing system. This software allows user to manage the process of issue resolution. Ticketing software is classified into various products such as E-Kiosk, E-Ticket, E-toll, Request Tracker, Ticket Machine, Smart Parking System, Ticket Validators, and Others.

Rise in demand for smart ticketing solutions by public transportation companies is the key driving factor which is expected to boost the global ticketing software market. Furthermore, increase in popularity of blockchain in smart ticketing will have the positive impact of global ticketing software market growth. Moreover, rise in demand for mobile app and contactless bank cards will enhance the demand for smart ticketing systems, which is expected to fuel the global ticketing software market growth, during this forecast period. Increase in demand for ticketing software in various industries such as sports, entertainment and tourism is expected to drive the global ticketing software market growth. In addition to that, increase in advanced technologies in smart ticketing system is expected to grow the global ticketing software market growth.

However, high maintenance cost for smart ticketing system is restraining factor which is expected to hamper the global ticketing software market growth. Also, centralized framework of smart ticketing system will affect the global ticketing software market growth.

Also, Global Ticketing Software Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report such as Cubic Corporation, Confidex, Indra Sistemas, Giesecke + Devrient, Gemalto Nv, Hid Global, Rambus, Vix Technology, Conduent, and Infineon Technologies.

Market Taxonomy

By Product

E-Kiosk
E-Ticket
E-toll
Request Tracker
Ticket Machine
Smart Parking System,
Ticket Validators
Others

By Component

Hardware
Software
Services

By System

Open Payment System
Smart Card
Near-field Communication

By End User

Sports & Entertainment
Parking
Transportation
Others

By Region

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

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